Wilson County Board of Commissioners Agenda April 2025
Annual Incentive Payment Approved for Fresenius Kabi
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Description
Wilson County approved the fourth of six scheduled annual payments of $860,000 under the economic development incentive agreement with Fresenius Kabi USA, LLC, supporting local expansion and job creation.
Contract Details
Contract Amount
$9,080,000 (six years; current annual payment: $860,000)
Vendor
FRESENIUS KABI USA LLC
Agency
Wilson County, NC
Contract Type
OTHER
Document Date
April 7, 2025
Contract Term
2019–2025 (annual payments; April 2025 payment is the fourth of six)
Renewal Date
2027-12-31
Renewal Info
Six-year agreement; term renews annually pending compliance. Two installments remain after the 2025 payment.
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